Finolex Cables gained 0.88% to Rs 69 at 11:45 IST on BSE after posting 13.1% rise in net profit to Rs 9.99 crore in Q4 March 2008 over Q4 March 2007.
The stock hit a high of Rs 71.95 and a low of Rs 68.25 so far during the day. The stock had a 52-week high of Rs 133.50 on
The company’s current equity is Rs 30.59 crore. Face value per share is Rs 2.
The current price of Rs 69 discounts its Q4 March 2008 annualised EPS of Rs 2.61, by a PE multiple of 26.44.
Finolex Cables’ net sales rose 44.8% to Rs 423.21 crore in Q4 March 2008 over Q4 March 2007.
The company manufactures and distributes a wide range of communication and electrical cables.
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